KOREA CAPITAL MARKETS - Bloomberg Finance L.P.€¦ · Bloomberg South Korea Capital Markets | FY...
Transcript of KOREA CAPITAL MARKETS - Bloomberg Finance L.P.€¦ · Bloomberg South Korea Capital Markets | FY...
KOREACAPITALMARKETSLEAGUE TABLESFY 2018
The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards.
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KOREA CAPITAL MARKETS
DATA SUBMISSIONS AND QUERIES
Equities
Fixed Income
Loans
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FY 2018
MANAGER RANKINGS
+82 2 6360 1763 / +82 2 3702 1632
+82 2 3702 1629 / +65 6499 2987
Yeali Park / Joo Jeon
Jin Ye Kim / June Park
Young Choi / Yoonjung Park
© 2018 Bloomberg Finance L.P. All rights reserved.
+82 2 6360 1726/ +82 2 6360 1773
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page1
SouthKoreaBonds
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KBSecuritiesCoLtd 1 20.939 12,551,948 301 1 21.809 -0.870
NHInvestment&SecuritiesCoLtd 2 17.130 10,268,247 171 2 14.041 3.089
KoreaInvestment&SecuritiesCo 3 13.619 8,163,987 273 3 13.101 0.518
MiraeAssetDaewooCoLtd 4 11.397 6,831,921 168 4 11.357 0.040
SKSecurities 5 7.926 4,751,084 233 5 7.641 0.285
ShinhanFinancialGroupCoLtd 6 5.355 3,210,123 151 6 4.855 0.500
HanaFinancialGroupInc 7 3.753 2,249,506 107 8 2.486 1.267
KiwoomSecuritiesCoLtd 8 2.760 1,654,265 63 15 1.445 1.315
IndustrialBankofKorea 9 2.175 1,304,068 91 11 2.107 0.068
SamsungSecuritiesCoLtd 10 2.028 1,215,805 18 9 2.335 -0.307
HIInvestment&SecuritiesCoLtd 11 1.864 1,117,458 95 14 1.620 0.244
KoreaDevelopmentBank 12 1.740 1,042,820 41 7 2.690 -0.950
KyoboSecurities 13 1.335 800,271 19 16 1.333 0.002
HanwhaInvestment&SecuritiesCoLtd
14 1.306 782,718 58 12 1.714 -0.408
HyundaiMotorSecuritiesCoLtd 15 1.257 753,444 37 10 2.280 -1.023
MeritzSecuritiesCoLtd 16 1.004 601,961 7 21 0.783 0.221
YuantaFinancialHoldingCoLtd 17 0.896 536,853 29 18 1.151 -0.255
ShinyoungSecuritiesCoLtd 18 0.852 510,454 18 19 1.010 -0.158
EugeneInvestment&SecuritiesCoLtd
19 0.763 457,281 20 23 0.460 0.303
DBFinancialInvestmentCoLtd 20 0.596 357,000 18 17 1.188 -0.592
TOTAL 100% 59,944,503 1,346 100%
ThistableconsistsofdebtsecuritiessyndicatedinSouthKoreawithmarkettype"Domestic"or"DomesticMTN".Thisexcludesbondswithwarrants,convertiblesecurities,andcredit-linkedsecurities.ThereisaUSD50MMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials43%
Government41%
Others16%
SouthKoreaBonds:ManagerRankingsHistory
SouthKoreaBonds:IndustryBreakdown
43%
41%
16%
KBSec
uritie
sCoL
td
NHInv
estm
ent&S
ecuri
tiesC
oLtd
KoreaI
nves
tmen
t&S
ecuri
tiesC
o
MiraeA
sset
DaewooC
oLtd
SKSec
uritie
s
Shinha
nFina
ncialG
roupC
oLtd
5
10
15
20
Mar
ketS
hare(%
)
0
25
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page2
SouthKoreaCorporateDomesticBonds
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KBSecuritiesCoLtd 1 24.545 10,754,248 179 1 24.485 0.060
NHInvestment&SecuritiesCoLtd 2 22.274 9,759,247 145 2 19.342 2.932
KoreaInvestment&SecuritiesCo 3 15.539 6,808,540 127 3 15.812 -0.273
MiraeAssetDaewooCoLtd 4 12.928 5,664,514 98 4 12.820 0.108
ShinhanFinancialGroupCoLtd 5 3.985 1,746,123 39 5 4.461 -0.476
SKSecurities 6 3.767 1,650,584 23 6 4.101 -0.334
KiwoomSecuritiesCoLtd 7 3.137 1,374,515 32 13 1.249 1.888
HanaFinancialGroupInc 8 2.620 1,148,018 16 22 0.292 2.328
SamsungSecuritiesCoLtd 9 2.615 1,145,805 14 7 2.409 0.206
IndustrialBankofKorea 10 1.579 691,823 28 11 1.671 -0.092
KyoboSecurities 11 1.559 683,039 8 9 1.824 -0.265
MeritzSecuritiesCoLtd 12 1.203 526,961 6 14 1.132 0.071
ShinyoungSecuritiesCoLtd 13 0.909 398,214 10 17 0.872 0.037
HyundaiMotorSecuritiesCoLtd 14 0.840 367,922 7 12 1.549 -0.709
DBFinancialInvestmentCoLtd 15 0.587 257,000 6 10 1.718 -1.131
YuantaFinancialHoldingCoLtd 16 0.566 248,078 9 16 0.959 -0.393
HanwhaInvestment&SecuritiesCoLtd
17 0.467 204,460 5 15 1.032 -0.565
HIInvestment&SecuritiesCoLtd 18 0.198 86,545 4 19 0.499 -0.301
HeungkukSecuritiesCoLtd 19 0.160 70,000 2 - - 0.160
KTBInvestment&SecuritiesCoLtd 20 0.151 66,000 3 25 0.119 0.032
TOTAL 100% 43,815,000 397 100%
ThistableconsistsofdebtsecuritiessyndicatedinSouthKoreawithmarkettype"Domestic"or"DomesticMTN".Thisexcludesbondswithwarrants,convertiblesecurities,andcredit-linkedsecurities.Thereisaminimumthresholdof12monthsformaturities,callorputperiods,andKRW55MMMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Government44%
Financials40%
Others17%
SouthKoreaCorporateDomesticBonds:ManagerRankingsHistory
SouthKoreaCorporateDomesticBonds:IndustryBreakdown
44%
40%
17%
KBSec
uritie
sCoL
td
NHInv
estm
ent&S
ecuri
tiesC
oLtd
KoreaI
nves
tmen
t&S
ecuri
tiesC
o
MiraeA
sset
DaewooC
oLtd
Shinha
nFina
ncialG
roupC
oLtd
SKSec
uritie
s
5
10
15
20
Mar
ketS
hare(%
)
0
25
2018 2017 2016
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BloombergLeagueTableReports Page3
SouthKoreaCorporateDomesticBonds(Issuer)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KoreaDevelopmentBank/The 1 17.194 49,978,548 295 1 17.701 -0.507
IndustrialBankofKorea 2 9.887 28,740,000 159 5 5.192 4.695
ShinhanFinancialGroupCoLtd 3 7.926 23,040,000 273 4 5.866 2.060
KBFinancialGroupInc 4 5.601 16,280,000 238 2 6.514 -0.913
HanaFinancialGroupInc 5 4.891 14,218,000 201 7 4.988 -0.097
RepublicofKorea 6 4.690 13,633,894 47 3 6.008 -1.318
Export-ImportBankofKorea 7 4.426 12,865,000 64 6 5.147 -0.721
NationalAgriculturalCooperativeFederation
8 4.047 11,764,000 111 8 4.902 -0.855
KoreaElectricPowerCorp 9 3.657 10,630,000 91 10 3.022 0.635
WooriBank 10 2.343 6,810,000 74 9 3.821 -1.478
HyundaiMotorCo 11 1.696 4,930,000 144 13 1.487 0.209
Small&MediumBusinessCorp 12 1.421 4,130,000 40 14 1.279 0.142
SamsungLifeInsuranceCoLtd 13 1.128 3,280,000 71 16 1.105 0.023
MeritzSecuritiesCoLtd 14 1.029 2,990,000 57 27 0.698 0.331
SKInnovationCoLtd 15 0.943 2,740,000 18 80 0.112 0.831
BNKFinancialGroupInc 16 0.881 2,560,000 74 15 1.206 -0.325
WelltoSeaInvestment 17 0.875 2,542,000 50 31 0.505 0.370
NationalFederationOfFisheriesCooperatives
18 0.874 2,540,000 27 12 1.569 -0.695
KoreaRailNetworkAuthority 19 0.867 2,520,000 16 23 0.788 0.079
DGBFinancialGroupInc 20 0.850 2,470,000 43 28 0.596 0.254
TOTAL 100% 290,678,186 3,410 100%
ThistableconsistsofdebtsecuritiessyndicatedinSouthKoreawithmarkettype"Domestic"or"DomesticMTN".Thisexcludesbondswithwarrants,convertiblesecurities,andcredit-linkedsecurities.Thereisaminimumthresholdof12monthsformaturities,callorputperiods,andKRW55MMMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Government44%
Financials40%
Others17%
SouthKoreaCorporateDomesticBonds:IssuerRankingsHistory
SouthKoreaCorporateDomesticBonds(Issuer):IndustryBreakdown
44%
40%
17%
KoreaD
evelo
pmen
tBan
k/The
Indus
trialB
anko
fKore
a
Shinha
nFina
ncialG
roupC
oLtd
KBFin
ancia
lGrou
pInc
HanaF
inanc
ialG
roupI
nc
Repub
licofK
orea
5
10
15
Mar
ketS
hare(%
)
0
20
2018 2017 2016
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BloombergLeagueTableReports Page4
SouthKoreaLocalSecurities
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
SKSecurities 1 19.223 3,100,500 210 2 15.580 3.643
KBSecuritiesCoLtd 2 11.145 1,797,700 122 1 15.806 -4.661
ShinhanFinancialGroupCoLtd 3 9.077 1,464,000 112 7 5.738 3.339
KoreaInvestment&SecuritiesCo 4 8.404 1,355,447 146 6 7.020 1.384
MiraeAssetDaewooCoLtd 5 7.238 1,167,407 70 4 8.075 -0.837
HanaFinancialGroupInc 6 6.829 1,101,488 91 5 7.407 -0.578
KoreaDevelopmentBank 7 6.465 1,042,820 41 3 8.542 -2.077
HIInvestment&SecuritiesCoLtd 8 6.391 1,030,912 91 8 4.135 2.256
IndustrialBankofKorea 9 3.796 612,245 63 11 3.083 0.713
HanwhaInvestment&SecuritiesCoLtd
10 3.585 578,258 53 10 3.242 0.343
NHInvestment&SecuritiesCoLtd 11 3.156 509,000 26 14 2.151 1.005
EugeneInvestment&SecuritiesCoLtd
12 2.835 457,281 20 17 1.492 1.343
HyundaiMotorSecuritiesCoLtd 13 2.390 385,522 30 9 3.919 -1.529
YuantaFinancialHoldingCoLtd 14 1.790 288,775 20 16 1.581 0.209
KiwoomSecuritiesCoLtd 15 1.734 279,750 31 15 1.882 -0.148
KoreaAssetInvestmentSecuritiesCoLtd
16 1.420 229,095 19 19 1.458 -0.038
BNKFinancialGroup 17 0.898 144,833 22 18 1.466 -0.568
KyoboSecurities 18 0.727 117,232 11 22 0.233 0.494
ShinyoungSecuritiesCoLtd 19 0.696 112,239 8 20 1.318 -0.622
BookookSecurities 20 0.682 110,000 7 12 2.798 -2.116
TOTAL 100% 16,129,503 949 100%
Thistableconsistsofasset-backeddebtsecuritiessyndicatedinSouthKoreadenominatedinSouthKoreanWonwithmarkettype"Domestic"or"DomesticMTN".ThereisaminimumthresholdofKRW55MMMforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials100%
SouthKoreaLocalSecurities:ManagerRankingsHistory
SouthKoreaLocalSecurities:IndustryBreakdown
100%
SKSec
uritie
s
KBSec
uritie
sCoL
td
Shinha
nFina
ncialG
roupC
oLtd
KoreaI
nves
tmen
t&S
ecuri
tiesC
o
MiraeA
sset
DaewooC
oLtd
HanaF
inanc
ialG
roupI
nc
5
10
15
Mar
ketS
hare(%
)
0
20
2018 2017 2016
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BloombergLeagueTableReports Page5
SouthKoreaInternationalBonds
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
HSBC 1 12.838 4,489 48 2 8.568 4.270
Citi 2 8.892 3,109 32 1 11.709 -2.817
CreditAgricoleCIB 3 8.519 2,979 30 4 7.135 1.384
BNPParibas 4 8.420 2,944 27 5 7.092 1.328
UBS 5 8.070 2,822 18 8 5.536 2.534
SocieteGenerale 6 7.313 2,557 28 11 4.038 3.275
BankofAmericaMerrillLynch
7 7.168 2,506 23 3 7.931 -0.763
JPMorgan 8 5.867 2,052 25 7 5.734 0.133
StandardCharteredBank 9 3.970 1,388 15 6 7.005 -3.035
MizuhoFinancial 10 3.839 1,343 16 23 0.962 2.877
Nomura 11 2.760 965 7 9 4.645 -1.885
KoreaDevelopmentBank 12 2.741 958 10 15 1.828 0.913
ANZBankingGroup 13 2.674 935 7 14 1.924 0.750
INGGroep 14 2.100 734 6 17 1.516 0.584
MorganStanley 15 2.078 727 7 19 1.294 0.784
DaiwaSecurities 16 2.013 704 7 18 1.441 0.572
CreditSuisse 17 1.845 645 6 25 0.914 0.931
Commerzbank 18 1.649 577 7 16 1.720 -0.071
DeutscheBank 19 1.611 563 3 13 2.121 -0.510
TDSecurities 20 1.119 391 5 21 1.057 0.062
TOTAL 100% 34,968 165 100%
Thistableconsistsofdebtsecuritiesdenominatedinnon-SouthKoreanWonthatareissuedbySouthKoreanissuers.Thisexcludesassetbackedsecurities,bondswithwarrants,certificatesofdeposits,convertiblesecurities,Koreakimchibonds,LoanstyleFRNandSupranationals.Thereisaminimumthresholdof12monthsformaturities,callorputperiods.AminimumofUSD45MMamountissuedorUSD50MMminimumamountforself-ledsecuritiesisrequired.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Government55%
Financials23%
Utilities7%
Others16%
SouthKoreaInternationalBonds:ManagerRankingsHistory
SouthKoreaInternationalBonds:IndustryBreakdown
55%
23%
7%
16%
HSBC Citi
CreditA
grico
leCIB
BNPPari
bas
UBS
Societ
eGen
erale
5
10
Mar
ketS
hare(%
)
0
15
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BloombergLeagueTableReports Page6
SouthKoreaInternationalBonds(Issuer)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
Export-ImportBankofKorea 1 24.319 8,557 41 1 24.440 -0.121
KoreaDevelopmentBank/The 2 15.280 5,376 36 2 15.022 0.258
ShinhanFinancialGroupCoLtd 3 6.416 2,257 12 5 4.314 2.102
KoreaElectricPowerCorp 4 5.714 2,011 5 6 3.653 2.061
HanaFinancialGroupInc 5 3.994 1,405 13 10 2.586 1.408
KoreaNationalOilCorp 6 3.829 1,347 4 4 6.038 -2.209
HanwhaLifeInsuranceCoLtd 7 2.842 1,000 1 - - 2.842
KBFinancialGroupInc 7 2.842 1,000 8 7 3.498 -0.656
RepublicofKorea 7 2.842 1,000 2 8 3.042 -0.200
HyundaiMotorCo 10 2.742 965 4 3 6.813 -4.071
SKTelecomCoLtd 11 2.274 800 2 - - 2.274
WooriBank 12 2.132 750 5 16 1.673 0.459
KoreaExpresswayCorp 13 1.728 608 3 11 2.462 -0.734
KoreaHousingFinanceCorp 14 1.619 570 1 17 1.521 0.098
KoreaWaterResourcesCorp 15 1.425 501 2 24 1.065 0.360
IndustrialBankofKorea 16 1.421 500 1 13 1.825 -0.404
KoreaResourcesCorp 16 1.421 500 1 21 1.293 0.128
NationalAgriculturalCooperativeFederation
16 1.421 500 1 17 1.521 -0.100
POSCO 16 1.421 500 1 30 0.378 1.043
SKInnovationCoLtd 16 1.421 500 1 - - 1.421
KoreaRailroadCorp 21 1.209 425 4 28 0.780 0.429
TOTAL 100% 35,185 167 100%
Thistableconsistsofdebtsecuritiesdenominatedinnon-SouthKoreanWonthatareissuedbySouthKoreanissuers.Thisexcludesassetbackedsecurities,bondswithwarrants,certificatesofdeposits,convertiblesecurities,Koreakimchibonds,LoanstyleFRNandSupranationals.Thereisaminimumthresholdof12monthsformaturities,callorputperiods.AminimumofUSD45MMamountissuedorUSD50MMminimumamountforself-ledsecuritiesisrequired.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Government55%
Financials23%
Utilities7%
Others16%
SouthKoreaInternationalBonds:IssuerRankingsHistory
SouthKoreaInternationalBonds(Issuer):IndustryBreakdown
55%
23%
7%
16%
Export-ImportBankofKorea
KoreaDevelopmentBank/The
ShinhanFinancialGroupCoLtd
KoreaElectricPowerCorp
HanaFinancialGroupInc
KoreaNationalOilCorp
10
20
30
MarketShare(%
)
0
35
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page7
SouthKoreaEquityOfferings
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
Citi 1 22.932 3,185,424 13 5 7.008 15.924
GoldmanSachs 2 14.682 2,039,412 5 7 5.092 9.590
DaishinSecurities 3 10.178 1,413,826 15 15 2.119 8.059
KoreaInvestment&SecuritiesCo 4 8.828 1,226,207 16 3 7.970 0.858
NHInvestment&SecuritiesCoLtd 5 8.775 1,218,865 15 1 23.675 -14.900
CreditSuisse 6 7.809 1,084,771 4 13 2.232 5.577
JPMorgan 7 4.738 658,125 1 6 5.371 -0.633
MiraeAssetDaewooCoLtd 8 4.109 570,774 15 2 11.758 -7.649
UBS 9 2.889 401,280 1 11 3.044 -0.155
KBSecuritiesCoLtd 10 2.865 397,928 8 8 4.272 -1.407
MorganStanley 11 2.230 309,770 1 4 7.108 -4.878
ShinhanFinancialGroupCoLtd 12 1.733 240,681 4 19 0.956 0.777
KiwoomSecuritiesCoLtd 13 1.483 205,927 9 22 0.433 1.050
SamsungSecuritiesCoLtd 14 1.204 167,250 5 10 3.937 -2.733
BNPParibas 15 1.022 141,900 1 17 1.324 -0.302
DBFinancialInvestmentCoLtd 16 0.711 98,710 5 29 0.048 0.663
HanaFinancialGroupInc 17 0.703 97,625 7 21 0.468 0.235
EugeneInvestment&SecuritiesCoLtd 18 0.587 81,563 4 26 0.168 0.419
ShinyoungSecuritiesCoLtd 19 0.501 69,650 4 25 0.179 0.322
GoldenBridgeInvestment&SecuritiesCoLtd
20 0.468 65,029 3 - - 0.468
TOTAL 100% 13,890,468 131 100%
HealthCare25%
ConsumerDiscretionary18%
Industrials16%
Technology13%
ConsumerStaples10%
Communications8%
Others9%
SouthKoreaEquityOfferings:ManagerRankingHistory
SouthKoreaEquityOfferings:IndustryBreakdown
25%
18%
16%
13%
10%
8%
9%
Citi
Goldman
Sac
hs
DaishinS
ecuri
ties
KoreaI
nves
tmen
t&S
ecuri
tiesC
o
NHInv
estm
ent&S
ecuri
tiesC
oLtd
CreditS
uisse
5
10
15
20
Mar
ketS
hare(%
)
0
25
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BloombergLeagueTableReports Page8
SouthKoreaEquityIPO-Syndication
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
MiraeAssetDaewooCoLtd 1 17.463 517,114 13 1 21.225 -3.762
DaishinSecurities 2 14.062 416,417 13 12 1.385 12.677
KoreaInvestment&SecuritiesCo 3 12.392 366,950 14 2 16.559 -4.167
NHInvestment&SecuritiesCoLtd 4 9.580 283,684 10 3 14.207 -4.627
KBSecuritiesCoLtd 5 8.990 266,213 6 4 8.876 0.114
ShinhanFinancialGroupCoLtd 6 8.128 240,681 4 11 2.653 5.475
KiwoomSecuritiesCoLtd 7 6.954 205,927 9 14 0.900 6.054
SamsungSecuritiesCoLtd 8 5.802 171,812 5 8 3.194 2.608
DBFinancialInvestmentCoLtd 9 3.333 98,710 5 18 0.100 3.233
HanaFinancialGroupInc 10 3.297 97,625 7 13 0.972 2.325
ShinyoungSecuritiesCoLtd 11 2.352 69,650 4 16 0.371 1.981
IndustrialBankofKorea 12 1.959 58,000 4 15 0.474 1.485
SKSecurities 13 1.851 54,800 2 18 0.100 1.751
EugeneInvestment&SecuritiesCoLtd 14 1.748 51,763 2 - - 1.748
YuantaFinancialHoldingCoLtd 15 1.103 32,650 2 - - 1.103
KyoboSecurities 16 0.584 17,288 2 20 0.095 0.489
GoldenBridgeInvestment&SecuritiesCoLtd
17 0.287 8,500 1 - - 0.287
HanwhaInvestment&SecuritiesCoLtd 18 0.118 3,484 1 17 0.248 -0.130
- - - - - - - -
- - - - - - - -
TOTAL 100% 2,961,267 99 100%
ThistableconsistsofinitialpublicofferingstoKoreaexchanges(KOSPI,KODAQ,KONEX)basedontheirmarketofsyndication.Thisexcludeslocalmarketsharesales,privateplacements,rightsofferings,andself-ledofferings.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
HealthCare29%
ConsumerDiscretionary18%
Financials15%
Technology15%
ConsumerStaples12%
Industrials5%
Others5%
SouthKoreaEquityIPO-Syndication:ManagerRankingsHistory
SouthKoreaEquityIPO-Syndication:IndustryBreakdown
29%
18%15%
15%
12%
5%
5%
MiraeA
sset
DaewooC
oLtd
DaishinS
ecuri
ties
KoreaI
nves
tmen
t&S
ecuri
tiesC
o
NHInv
estm
ent&S
ecuri
tiesC
oLtd
KBSec
uritie
sCoL
td
Shinha
nFina
ncialG
roupC
oLtd
5
10
15
20
Mar
ketS
hare(%
)
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25
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BloombergLeagueTableReports Page9
SouthKoreaEquityIPO-Risk
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
Citi 1 13.647 535,195 1 5 8.621 5.026
GoldmanSachs 1 13.647 535,195 1 9 2.865 10.782
MiraeAssetDaewooCoLtd 3 13.186 517,114 13 1 21.928 -8.742
DaishinSecurities 4 10.618 416,417 13 12 1.431 9.187
KoreaInvestment&SecuritiesCo 5 9.357 366,950 14 2 17.107 -7.750
NHInvestment&SecuritiesCoLtd 6 7.234 283,684 10 3 12.054 -4.820
KBSecuritiesCoLtd 7 6.788 266,213 6 4 9.170 -2.382
ShinhanFinancialGroupCoLtd 8 6.137 240,681 4 11 2.052 4.085
KiwoomSecuritiesCoLtd 9 5.251 205,927 9 14 0.930 4.321
DBFinancialInvestmentCoLtd 10 2.517 98,710 5 18 0.104 2.413
HanaFinancialGroupInc 11 2.489 97,625 7 13 1.005 1.484
SamsungSecuritiesCoLtd 12 2.098 82,270 4 8 3.300 -1.202
ShinyoungSecuritiesCoLtd 13 1.776 69,650 4 16 0.383 1.393
IndustrialBankofKorea 14 1.479 58,000 4 15 0.490 0.989
SKSecurities 15 1.397 54,800 2 18 0.104 1.293
YuantaFinancialHoldingCoLtd 16 0.833 32,650 2 - - 0.833
EugeneInvestment&SecuritiesCoLtd 17 0.800 31,363 1 - - 0.800
KyoboSecurities 18 0.441 17,288 2 20 0.098 0.343
GoldenBridgeInvestment&SecuritiesCoLtd
19 0.217 8,500 1 - - 0.217
HanwhaInvestment&SecuritiesCoLtd 20 0.089 3,484 1 17 0.257 -0.168
TOTAL 100% 3,921,715 98 100%
ThistableconsistsofinitialpublicofferingsissuedbySouthKoreanissuersbasedontheircountryofrisk.Thisexcludeslocalmarketsharesales,privateplacements,rightsofferings,andself-ledofferings.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Communications29%
HealthCare22%
Financials11%
ConsumerDiscretionary11%
Technology11%
ConsumerStaples8%
Others6%
SouthKoreaEquityIPO-Risk:ManagerRankingsHistory
SouthKoreaEquityIPO-Risk:IndustryBreakdown
29%
22%11%
11%
11%
8%
6%
Goldman
Sac
hs Citi
MiraeA
sset
DaewooC
oLtd
DaishinS
ecuri
ties
KoreaI
nves
tmen
t&S
ecuri
tiesC
o
NHInv
estm
ent&S
ecuri
tiesC
oLtd
5
10
15
20
Mar
ketS
hare(%
)
0
25
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page10
SouthKoreaBorrowerLoans(MandatedLeadArranger)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KBFinancialGroupInc 1 19.550 9,310 36 1 26.299 -6.749
ShinhanFinancialGroupCoLtd 2 17.727 8,442 65 3 10.452 7.275
KoreaDevelopmentBank 3 16.531 7,873 56 2 25.550 -9.019
WooriBank 4 4.814 2,293 13 10 1.986 2.828
HanaFinancialGroupInc 5 4.185 1,993 16 4 4.755 -0.570
IndustrialBankofKorea 6 3.979 1,895 5 9 2.208 1.771
MiraeAssetDaewooCoLtd 7 3.979 1,895 8 6 3.564 0.415
KBSecuritiesCoLtd 8 3.323 1,583 12 14 0.994 2.329
NHInvestment&SecuritiesCoLtd 9 2.845 1,355 9 5 4.513 -1.668
KoreaInvestment&SecuritiesCo 10 2.406 1,146 10 13 1.290 1.116
SamsungSecuritiesCoLtd 11 2.228 1,061 5 8 2.468 -0.240
NationalAgriculturalCooperativeFederation
12 1.847 880 6 7 2.559 -0.712
KyoboLifeInsuranceCoLtd 13 1.372 653 4 11 1.584 -0.212
SamsungFire&MarineInsuranceCoLtd
14 1.164 554 2 - - 1.164
HanwhaLifeInsuranceCoLtd 15 1.117 532 3 12 1.395 -0.278
Export-ImportBankofKorea 16 1.105 526 7 - - 1.105
MitsubishiUFJFinancialGroupInc 17 0.755 360 3 50 0.015 0.740
CreditAgricoleCIB 18 0.726 346 5 22 0.513 0.213
MeritzSecuritiesCoLtd 19 0.688 328 4 23 0.443 0.245
MizuhoFinancial 20 0.650 310 4 33 0.168 0.482
TOTAL 100% 47,623 201 100%
ThistableconsistsofloanswithborrowersthathaveacountryofriskasSouthKoreaandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials49%
Utilities18%
Industrials14%
ConsumerDiscretionary8%
Others12%
SouthKoreaBorrowerLoans:MandatedLeadArrangerRankingsHistory
SouthKoreaBorrowerLoans(MandatedLeadArranger):IndustryBreakdown
49%
18%
14%
8%
12%
KBFin
ancia
lGrou
pInc
Shinha
nFina
ncialG
roupC
oLtd
KoreaD
evelo
pmen
tBan
k
Woo
riBan
k
HanaF
inanc
ialG
roupI
nc
Indus
trialB
anko
fKore
a
10
20
Mar
ketS
hare(%
)
0
30
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page11
SouthKoreaBorrowerLoans(Bookrunner)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KBFinancialGroupInc 1 24.036 9,150 30 1 31.243 -7.207
KoreaDevelopmentBank 2 22.326 8,499 38 2 22.749 -0.423
ShinhanFinancialGroupCoLtd 3 19.037 7,247 55 3 12.034 7.003
WooriBank 4 5.561 2,117 12 9 2.480 3.081
MiraeAssetDaewooCoLtd 5 4.147 1,579 7 5 3.574 0.573
KBSecuritiesCoLtd 6 3.593 1,368 10 15 1.027 2.566
IndustrialBankofKorea 7 2.940 1,119 1 7 2.602 0.338
HanaFinancialGroupInc 8 2.772 1,055 8 4 5.098 -2.326
NHInvestment&SecuritiesCoLtd 9 2.350 894 6 6 3.062 -0.712
KoreaInvestment&SecuritiesCo 10 2.114 805 6 13 1.547 0.567
SamsungSecuritiesCoLtd 11 1.468 559 2 10 2.263 -0.795
CAPEInvestment&SecuritiesCo 12 1.314 500 2 - - 1.314
NationalAgriculturalCooperativeFederation
13 0.909 346 3 8 2.496 -1.587
MitsubishiUFJFinancialGroupInc 14 0.788 300 1 - - 0.788
MizuhoFinancial 14 0.788 300 2 14 1.329 -0.541
SamsungFire&MarineInsuranceCoLtd
16 0.729 278 1 - - 0.729
DaiwaSecurities 17 0.649 247 1 - - 0.649
Export-ImportBankofKorea 18 0.513 195 2 - - 0.513
StandardCharteredBank 19 0.425 162 2 16 0.704 -0.279
KyoboLifeInsuranceCoLtd 20 0.386 147 1 11 1.790 -1.404
TOTAL 100% 38,066 150 100%
ThistableconsistsofloanswithborrowersthathaveacountryofriskasSouthKoreaandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials49%
Utilities18%
Industrials14%
ConsumerDiscretionary8%
Others12%
SouthKoreaBorrowerLoans:BookrunnerRankingsHistory
SouthKoreaBorrowerLoans(Bookrunner):IndustryBreakdown
49%
18%
14%
8%
12%
KBFin
ancia
lGrou
pInc
KoreaD
evelo
pmen
tBan
k
Shinha
nFina
ncialG
roupC
oLtd
Woo
riBan
k
MiraeA
sset
DaewooC
oLtd
KBSec
uritie
sCoL
td
10
20
30
Mar
ketS
hare(%
)
0
35
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page12
SouthKoreaBorrowerLocalCurrencyLoans(MandatedLeadArranger)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KBFinancialGroupInc 1 21.083 10,079,292 35 1 29.017 -7.934
ShinhanFinancialGroupCoLtd 2 19.377 9,263,446 64 3 11.675 7.702
KoreaDevelopmentBank 3 16.527 7,901,237 40 2 26.461 -9.934
WooriBank 4 5.185 2,478,778 13 10 2.231 2.954
HanaFinancialGroupInc 5 4.562 2,181,087 16 4 5.345 -0.783
MiraeAssetDaewooCoLtd 6 4.362 2,085,390 8 6 4.023 0.339
IndustrialBankofKorea 7 4.295 2,053,155 5 9 2.485 1.810
KBSecuritiesCoLtd 8 3.613 1,727,417 12 14 1.106 2.507
NHInvestment&SecuritiesCoLtd 9 3.124 1,493,500 9 5 5.083 -1.959
KoreaInvestment&SecuritiesCo 10 2.614 1,249,783 10 13 1.472 1.142
SamsungSecuritiesCoLtd 11 2.466 1,178,833 5 8 2.792 -0.326
NationalAgriculturalCooperativeFederation
12 2.023 967,155 6 7 2.858 -0.835
KyoboLifeInsuranceCoLtd 13 1.490 712,405 4 11 1.792 -0.302
SamsungFire&MarineInsuranceCoLtd
14 1.269 606,555 2 - - 1.269
HanwhaLifeInsuranceCoLtd 15 1.211 578,955 3 12 1.560 -0.349
MeritzSecuritiesCoLtd 16 0.745 356,000 4 16 0.495 0.250
Export-ImportBankofKorea 17 0.694 331,667 2 - - 0.694
CAPEInvestment&SecuritiesCo 18 0.677 323,500 2 - - 0.677
DBInsuranceCoLtd 19 0.621 296,655 1 - - 0.621
SamsungLifeInsuranceCoLtd 19 0.621 296,655 1 - - 0.621
BNKFinancialGroup 21 0.620 296,500 2 - - 0.620
TOTAL 100% 47,807,524 178 100%
ThistableconsistsofloansdenominatedinKRWwithborrowersthathaveacountryofriskasSouthKorea.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials52%
Utilities19%
Industrials11%
ConsumerDiscretionary8%
Others10%
SouthKoreaBorrowerLocalCurrencyLoans:MandatedLeadArrangerRankingsHistory
SouthKoreaBorrowerLocalCurrencyLoans(MandatedLeadArranger):IndustryBreakdown
52%
19%
11%
8%
10%
KBFinancialGroupInc
ShinhanFinancialGroupCoLtd
KoreaDevelopmentBank
WooriBank
HanaFinancialGroupInc
MiraeAssetDaewooCoLtd
10
20
MarketShare(%
)
0
30
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page13
SouthKoreaBorrowerLocalCurrencyLoans(Bookrunner)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(KRW
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KBFinancialGroupInc 1 24.967 9,957,959 30 1 33.083 -8.116
KoreaDevelopmentBank 2 22.773 9,083,047 34 2 23.227 -0.454
ShinhanFinancialGroupCoLtd 3 20.072 8,005,648 55 3 12.885 7.187
WooriBank 4 5.759 2,296,932 12 10 2.311 3.448
MiraeAssetDaewooCoLtd 5 4.341 1,731,490 7 5 3.871 0.470
KBSecuritiesCoLtd 6 3.742 1,492,417 10 14 1.099 2.643
IndustrialBankofKorea 7 3.009 1,200,000 1 7 2.806 0.203
HanaFinancialGroupInc 8 2.937 1,171,333 8 4 5.040 -2.103
NHInvestment&SecuritiesCoLtd 9 2.451 977,500 6 6 3.323 -0.872
KoreaInvestment&SecuritiesCo 10 2.209 881,175 6 13 1.688 0.521
SamsungSecuritiesCoLtd 11 1.548 617,500 2 9 2.473 -0.925
CAPEInvestment&SecuritiesCo 12 1.394 556,000 2 - - 1.394
NationalAgriculturalCooperativeFederation
13 0.958 382,167 3 8 2.677 -1.719
SamsungFire&MarineInsuranceCoLtd
14 0.777 309,900 1 - - 0.777
DaiwaSecurities 15 0.669 266,667 1 - - 0.669
KyoboLifeInsuranceCoLtd 16 0.398 158,750 1 11 1.941 -1.543
Export-ImportBankofKorea 17 0.359 143,333 1 - - 0.359
HanwhaLifeInsuranceCoLtd 18 0.301 120,000 1 12 1.690 -1.389
HanwhaInvestment&SecuritiesCoLtd
19 0.283 113,000 1 19 0.099 0.184
NationalFederationofFisheriesCooperative
20 0.280 111,667 3 - - 0.280
TOTAL 100% 39,884,484 142 100%
ThistableconsistsofloansdenominatedinKRWwithborrowersthathaveacountryofriskasSouthKorea.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials52%
Utilities19%
Industrials11%
ConsumerDiscretionary8%
Others10%
SouthKoreaBorrowerLocalCurrencyLoans:BookrunnerRankingsHistory
SouthKoreaBorrowerLocalCurrencyLoans(Bookrunner):IndustryBreakdown
52%
19%
11%
8%
10%
KBFin
ancia
lGrou
pInc
KoreaD
evelo
pmen
tBan
k
Shinha
nFina
ncialG
roupC
oLtd
Woo
riBan
k
MiraeA
sset
DaewooC
oLtd
KBSec
uritie
sCoL
td
10
20
30
Mar
ketS
hare(%
)
0
35
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page14
SouthKoreaBorrowerForeignCurrencyLoans(MandatedLeadArranger)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
KoreaDevelopmentBank 1 19.259 787 16 1 16.923 2.336
MitsubishiUFJFinancialGroupInc
2 8.804 360 3 32 0.144 8.660
CreditAgricoleCIB 3 8.459 346 5 8 5.013 3.446
MizuhoFinancial 4 7.581 310 4 16 1.642 5.939
BankofAmericaMerrillLynch 5 6.122 250 6 21 1.532 4.590
Export-ImportBankofKorea 6 5.598 229 5 - - 5.598
Citi 7 5.495 225 3 3 7.663 -2.168
BNPParibas 8 5.398 221 4 12 3.074 2.324
SocieteGenerale 9 4.951 202 3 14 1.829 3.122
StandardCharteredBank 10 3.784 155 4 4 6.803 -3.019
Commerzbank 11 3.671 150 2 24 0.963 2.708
DBSGroup 12 3.263 133 1 6 5.268 -2.005
ANZBankingGroup 13 2.879 118 2 9 3.723 -0.844
INGGroep 14 2.447 100 1 9 3.723 -1.276
ABNAmroBankNV 15 2.013 82 1 22 1.050 0.963
NationalAustraliaBank 16 1.696 69 2 - - 1.696
CreditMutuel-CIC 17 1.640 67 1 22 1.050 0.590
SumitomoMitsuiFinancial 18 1.463 60 2 2 8.203 -6.740
KBFinancialGroupInc 19 1.286 53 1 - - 1.286
ShinhanFinancialGroupCoLtd 19 1.286 53 1 - - 1.286
ChinaConstructionBank 21 1.224 50 1 7 5.233 -4.009
TOTAL 100% 4,086 23 100%
ThistableconsistsofloansdenominatedinNon-KRWwithborrowersthathaveacountryofriskasSouthKorea.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Industrials43%
Financials20%
Government12%
ConsumerStaples10%
Materials9%
ConsumerDiscretionary5%
Others1%
SouthKoreaBorrowerForeignCurrencyLoans:MandatedLeadArrangerRankingsHistory
SouthKoreaBorrowerForeignCurrencyLoans(MandatedLeadArranger):IndustryBreakdown
43%
20%
12%
10%
9%
5%
KoreaDevelopmentBank
MitsubishiUFJFinancialGroupInc
CreditAgricoleCIB
MizuhoFinancial
BankofAmericaMerrillLynch
Export-ImportBankofKorea
5
10
15
20
MarketShare(%
)
0
25
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page15
SouthKoreaBorrowerForeignCurrencyLoans(Bookrunner)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount
PrevRank
PrevMktShare(%)
MktShareChg(%)
MitsubishiUFJFinancialGroupInc
1 17.877 300 1 - - 17.877
MizuhoFinancial 1 17.877 300 2 1 20.934 -3.057
KoreaDevelopmentBank 3 14.893 250 4 2 14.301 0.592
BankofAmericaMerrillLynch 4 5.959 100 1 - - 5.959
BNPParibas 4 5.959 100 1 - - 5.959
Commerzbank 4 5.959 100 1 - - 5.959
CreditAgricoleCIB 4 5.959 100 1 - - 5.959
INGGroep 4 5.959 100 1 5 6.781 -0.822
SocieteGenerale 4 5.959 100 1 11 1.657 4.302
StandardCharteredBank 4 5.959 100 1 3 11.084 -5.125
Export-ImportBankofKorea 11 4.064 68 1 - - 4.064
Citi 12 3.575 60 1 5 6.781 -3.206
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
TOTAL 100% 1,678 8 100%
ThistableconsistsofloansdenominatedinNon-KRWwithborrowersthathaveacountryofriskasSouthKorea.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Industrials43%
Financials20%
Government12%
ConsumerStaples10%
Materials9%
ConsumerDiscretionary5%
Others1%
SouthKoreaBorrowerForeignCurrencyLoans:BookrunnerRankingsHistory
SouthKoreaBorrowerForeignCurrencyLoans(Bookrunner):IndustryBreakdown
43%
20%
12%
10%
9%
5%
Mitsub
ishiU
FJFi
nanc
ialG
roupI
nc
MizuhoFi
nanc
ial
KoreaD
evelo
pmen
tBan
k
CreditA
grico
leCIB
BNPPari
bas
ING
Groep
Banko
fAmeri
caM
errill
Lync
h
Standa
rdCha
rteredB
ank
Societ
eGen
erale
Commerz
bank
5
10
15
20
Mar
ketS
hare(%
)
0
25
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page16
SouthKoreaBorrowerLoans(LegalAdviser-Borrower)
FY2018 FY2017
Firm RankMkt
Share(%)Volume(USD
Mln)DealCount PrevRank PrevMktShare(%) MktShareChg(%)
Kim&Chang 1 43.832 13,659 23 5 8.541 35.291
Lee&Ko 2 21.066 6,565 9 1 26.456 -5.390
CHPartners 3 5.709 1,779 12 8 2.910 2.799
Shin&Kim 4 5.121 1,596 7 3 15.031 -9.910
HYUNLaw 5 5.005 1,560 9 7 4.076 0.929
BaeKim&Lee 6 4.214 1,313 6 4 9.016 -4.802
FirstAttorneysatLaw 7 4.080 1,271 4 - - 4.080
YujunLaw 8 1.366 426 5 - - 1.366
JeongSeLawFirm 9 1.331 415 1 - - 1.331
Jipyong 10 1.194 372 3 - - 1.194
Daeryook&AJU 11 1.081 337 3 - - 1.081
SimpsonThacher&Bartlett
12 1.064 332 2 - - 1.064
LeeKim&Partners 13 1.048 327 3 12 0.991 0.057
NexusLawGroup 14 0.891 278 1 16 0.294 0.597
Yulchon 15 0.539 168 1 11 1.427 -0.888
FirstLawfirm 16 0.454 142 1 2 17.891 -17.437
LawGroupIngang 17 0.387 120 1 - - 0.387
LawfirmTaehwan 18 0.362 113 1 - - 0.362
MinjuLawGroup 19 0.360 112 2 6 5.823 -5.463
BarunLaw 20 0.253 79 1 - - 0.253
TOTAL 100% 31,162 100 100%
ThistableconsistsofloanswithborrowersthathaveacountryofriskasSouthKoreaandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials49%
Utilities18%
Industrials14%
ConsumerDiscretionary8%
Others12%
SouthKoreaBorrowerLoans:LegalAdviser-BorrowerRankingsHistory
SouthKoreaBorrowerLoans(LegalAdviser-Borrower):IndustryBreakdown
49%
18%
14%
8%
12%
Kim&C
hang
Lee&K
o
CHPart
ners
Shin&K
im
HYUNLa
w
BaeK
im&Le
e
10
20
30
40
Mar
ketS
hare(%
)
0
50
2018 2017 2016
Bloomberg SouthKoreaCapitalMarkets|FY2018
BloombergLeagueTableReports Page17
SouthKoreaBorrowerLoans(LegalAdviser-Lender)
FY2018 FY2017
Firm Rank MktShare(%) Volume(USDMln) DealCount PrevRank PrevMktShare(%) MktShareChg(%)
Lee&Ko 1 47.860 19,639 54 1 52.957 -5.097
Kim&Chang 2 11.739 4,817 8 2 23.118 -11.379
Shin&Kim 3 11.250 4,616 13 4 4.933 6.317
HYUNLaw 4 4.627 1,899 10 6 2.336 2.291
CHPartners 5 4.336 1,779 12 8 1.667 2.669
BaeKim&Lee 6 3.245 1,332 8 3 5.110 -1.865
Yulchon 7 2.314 950 4 - - 2.314
YujunLaw 8 1.825 749 6 - - 1.825
BakerMcKenzie 9 1.462 600 2 - - 1.462
FirstLawfirm 10 1.299 533 4 7 1.790 -0.491
KimShin&Yu 11 1.192 489 2 - - 1.192
Daeryook&AJU 12 1.063 436 4 - - 1.063
JeongSeLawFirm 13 1.011 415 1 - - 1.011
LeeKim&Partners 14 0.796 327 3 10 0.660 0.136
Kyungsung 15 0.759 311 1 - - 0.759
FirstAttorneysatLaw 16 0.701 288 3 - - 0.701
NexusLawGroup 17 0.677 278 1 17 0.169 0.508
WatsonFarley&Williams 18 0.510 209 3 - - 0.510
Jipyong 19 0.501 205 2 16 0.278 0.223
HwahyunLaw 20 0.310 127 1 - - 0.310
TOTAL 100% 41,033 155 100%
ThistableconsistsofloanswithborrowersthathaveacountryofriskasSouthKoreaandwithamarketofsyndicationintheAPACregion.Thisexcludesbilateralloans.Thereisaminimumthresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails.
Financials49%
Utilities18%
Industrials14%
ConsumerDiscretionary8%
Others12%
SouthKoreaBorrowerLoans:LegalAdviser-LenderRankingsHistory
SouthKoreaBorrowerLoans(LegalAdviser-Lender):IndustryBreakdown
49%
18%
14%
8%
12%
Lee&K
o
Kim&C
hang
Shin&K
im
HYUNLa
w
CHPart
ners
BaeK
im&Le
e
20
40
Mar
ketS
hare(%
)
0
55
2018 2017 2016
Bloomberg – League Tables Criteria
Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.
General Guidelines
Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identified based on factors such as currency, market of issuer and/or country of risk/incorporation.
Fixed Income
All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Self-led transactions are included. New money portions of exchange offers are eligible for credit.
Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables.
Equities-Linked
Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bonds with attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond.
Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-IPO convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner.
Equities
Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings.
Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables.
Bloomberg – League Tables Criteria
Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.
Loans
Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of security.
Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended or restated securitizations, receivable and guarantee facilities.
US Municipals
Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence of reported economic credit, 100% will be assigned to the bookrunner.
Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date.
All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. “Tax-exempt” is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified.
Each table is provided in three formats. “Economic Credit” displays rankings based on true economic credit allocations of applicable deals. “Left Lead” assigns 100% credit to the bookrunner and 0% to all other syndicate participants. “Deal Count” displays rankings based on deal quantity rather than aggregate economic credit amounts. A “deal” refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one “deal” worth $30 million, and Bank 2 would have one “deal” worth $20 million.
Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility.
The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on
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